Product Manager

Company:

Job Area:

General Summary:

Directs a comprehensive product strategy from product conception and definition through end of life. Functions as a central resource with design, process, manufacturing, quality, test, marketing, and distribution as the product(s) and/or product line(s) move through their lifecycle. Formulates and executes long-term roadmaps for cost/profit control. Promotes use of new technologies and industry-leading trends. Directs those involved in the design, modification, and evaluation of all phases of a specific product or group of products. Involvement lasts throughout all stages of a product’s lifecycle including modifications, upgrades, and maintenance of the product or product line.

Minimum Qualifications:

• 2+ years of Product Management or related work experience.

*Completed advanced degrees in a relevant field may be substituted for up to two years (Master’s = one year, Doctorate = two years) of work experience.

Preferred Qualifications:

• 5+ years of Product Management or related work experience.
• 1+ year of working in a large matrixed organization.
• 1+ year of working with operating budgets and/or project financials.
• 1+ year of negotiating 3rd party business agreements.

Principal Duties and Responsibilities:

• Conducts analyses to assess marketability of products based on market, customer, technology, and other ecosystem demands.
• Serves as a market and business advisor in the formation of a business case for the development of a new product or product features (i.e., time to market, cost, market share).
• Drives the launch efforts of products and technologies for own area of responsibility by staying up to date on technological developments and customer needs through direct customer contact.
• Seeks out market information and displays an understanding of the marketplace to contribute to the product roadmap.
• Directs the development of moderately complex products and services under some supervision and communicates with individuals across functional teams.
• Completes product development and definition activities including determination of cost and impact, and interacts with sales team to generate forecasts.
• Stays up to date on competitors, technological advances, and product ecosystem and supports the development and design of new products.
• Maintains effective communication within own team and cross-functional team(s) on the management of a single product.
• Ensures successful cross-functional collaboration by ensuring that agreed upon KPIs and specifications are met for a single product, upon delivery by engineering team.
• Supports the establishment of product goals (e.g., performance, cost, timeline) and collaborates with others to execute tasks based on established goals.

Level of Responsibility:

• Working under some supervision.
• Making decisions that are low to moderate in impact; errors may have relatively minor financial impact or effect on projects, operations, or customer relationships; errors may require involvement beyond immediate work group to correct.
• Using verbal and written communication skills to convey information that may be somewhat complex to others who may have limited knowledge of the subject in question. May require basic negotiation and influence, cooperation, tact, and diplomacy, etc.
• Completing tasks with multiple steps that can be performed in various orders; some planning and prioritization must occur to complete the tasks effectively; mistakes may result in some rework.
• Exercising creativity to draft original documents, imagery, or work products within established guidelines.
• Using deductive and inductive problem solving; multiple approaches may be taken/necessary to solve the problem; often information is missing or incomplete; intermediate data analysis/interpretation skills may be required.

The responsibilities of this role do not include:

• Financial accountability (e.g., does not involve budgeting responsibility).
• Influence over key organizational decisions.
• Role in strategic planning.

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